Senior Compliance Risk Manager - Prudential

Join Mercury as a Senior Compliance Risk Manager to lead the implementation of a prudential compliance program as the company progresses towards becoming a chartered bank. With Mercury’s continued progress toward becoming a chartered bank, establishing a strong and forward-looking prudential compliance program is a key part of building a durable, regulator-ready foundation.

• •Implement and operate Mercury’s first prudential regulatory compliance program for banking (focusing initially on Regulations W and O) including policies, procedures, governance framework, transactional controls and ongoing monitoring activities.
• •Interface directly with and advise Mercury’s senior management on permissibility / advisability of proposed transactions.
• •Engage and partner deeply with stakeholders across the organization including Legal, Finance, People/HR, Credit, etc.
• •Play a pivotal role in shaping how some of Mercury’s most business critical transactions come together in a safe and sound manner.
• •Educate and grow Mercury’s compliance culture, awareness of prudential regulatory obligations, and best in-class practices via training and guidance to bank staff regarding prudential regulatory requirements.
• •Maintain records and documentation on all prudential regulatory compliance activities and programs.

• •The total rewards package at Mercury includes base salary, equity (stock options/RSUs), and benefits.
• •Our salary and equity ranges are highly competitive within the SaaS and fintech industry and are updated regularly using the most reliable compensation survey data for our industry.
• •New hire offers are made based on a candidate’s experience, expertise, geographic location, and internal pay equity relative to peers.
• •Our target new hire base salary ranges for this role are the following:
• •US employees in New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $163,000 - $203,800
• •US employees outside of New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $146,700 - $183,400
• •Canadian employees (any location): CAD 154,100 - 192,600.

• •Have 5-7+ years of experience in building and/or operating prudential compliance programs including Regulations W and O and have a strong understanding of prudential regulations and regulatory expectations.
• •Be well-versed in representing program outputs and decisions to senior executives, internal auditors, prudential regulators, and other third parties / stakeholders.
• •Approach your work with a high quality bar and a strong sense of ownership - you see things through to completion and don’t settle.
• •Bring a collaborative, problem-solving mindset to your work, have strong stakeholder management skills, and an ability to influence without direct authority.
• •Be excited about using technology, including artificial intelligence, to enhance your capabilities and advance the profession in ways others may never even think of.
• •*Nice-to-have*: You have prior experience working in quantitative fields including finance, credit, and/or strategic operations.